Posted by JD Seller on August 02, 2014 at 14:05:37 from (208.126.198.123):
We have a good crop growing here. The cool weather has set it back some but it still looks like a good yielding corn crop. There just will be little harvested early this year. The Sept. dry corn shelling will be very few acres.
August is the bean month. If we have cool weather with moisture then we will have a good soybean crop here.
The hay looks great as the cooler weather has not put the regrowth of alfalfa under much stress. Should be a very good crop all in all.
The current cattle on feed are gaining very well without the usual heat stress that limits gains.
The brood cows/calves are moving right along too as the pastures look great for this time of year.
So the outlook is very positive on the production side of things. The price for cattle/calves is at record levels. That is tempered by grain prices being near/under the cost of production for many.
So it is really back to "normal" in farm country. The record high grain prices of the last few years made it look easy to make money farming. Now we will see who has what it takes to survive/prosper in the more traditional markets.
Buy a good supply of Anti acid tablets and paper/pencils as you will need plenty of both for the times ahead.
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